Troubled chipmaker is attracting interest

Handing a crucial lifeline to the beleaguered chipmaker

Chipmaker lost $1.6bn in Q2, will spin off foundry business

Advanced chips will be used for US defense operations

Job cuts at odds with CHIPS Act aim of growing semiconductor workforce

Chipmaker Broadcom reportedly unsatisfied with results of Intel’s 18A manufacturing process

Could include proposal to shed Altera chip unit or shelve German chip fab

First cloud service provider to adopt Gaudi 3

Chipmaker also looking to fend off potential activist campaign from investors

Japanese conglomerate wants to enter the AI chip space

Sales comes weeks after Intel posted Q2 2024 financial woes

Collaboration between 36 partners from 11 countries

One of the final nodes in company’s '5 Nodes in 4 Years' roadmap

Space agency’s data center will host university's new GPU cluster

Company saw its stock price sink after results were published

Company due to post Q2 2024 results this week

First day at the company is August 12

Both companies are currently constructing facilities in Arizona

Semiconductor equipment manufacturers could be targeted by new restrictions

US government finalizing legislation to limit funding for Chinese firms

Funding gap arose after Defense Department reneged on $2.5bn military contract with Intel

Shipped one million more units in 2023 than previous year

Company had secured a $3.2bn grant from Israeli government to help fund the upgrade

Company claims its accelerator kits are cheaper than comparable competitor offerings